Marketing Prodcts Research Paper Example | Topics and Well Written Essays - 1250 words

Marketing Prodcts - Research Paper Example This paper seeks to discuss the farm product and the service component produced by Holden Trucking Services. Type of product Holden trucking services produces Barley. Barley is a healthy cereal grain high in fiber, protein, maltose and sugar that alternatively can be used for malt syrup sweetener. Fermented, barley makes the perfect ingredient for beer and various alcoholic beverages. It also has a nutlike flavor, chewy texture and is similar to wheat berries though its color it slightly lighter. Barley has varied functions; it can be used for nutritional purposes, as an ingredient in making beer and as feeds for farm animals. Barley has a robust nutritional benefit to consumers. According to research, barley’s soluble fiber lowers the risk of getting coronary heart diseases and reduces cholesterol levels; also it contains insoluble fiber responsible for minimizing the risk of diabetes type 2 and colon cancer. It grows to about 30 inches high in dry subtropical regions experie ncing cool growing and short seasons. The crop is resistant to diseases compared to other cereals; however, sometimes it is attacked by diseases like rust and virus diseases. Service components There are various reasons why addition of services enhances growth opportunities and high profit margins. Innovations and improvements in service normally results in more loyalty, and increased customer satisfaction eventually impacting in higher profits, cost of sales lowered and attracting potential customers. Documentation as a service is a language that goes with or accompanies a product. It often shows its design, development and marketing strategy in clear terms. Documentation will indicate how to improve products and reveal loop holes in sales funnel, which would have eluded the seller. It is also able to put the seller into contact with prospective customers and investors (Blythe, 2006). Another service is transportation/logistics. This is the process of getting products to its intend ed destination. There are many phases involved; there is transporting the product from the firm to the storage facilities the other getting the product to the customer. Luckily, Holden trucking services happens to be in the said service meaning that transportation costs will be lower compared to if the service was outsourced This will ensure that the produce will reach the intended customer on time (Grewal & Levy, 2010). Storage is another service equally important. It allows the seller to store product when it is not needed and helps to avail the items when demand is bigger than the immediate creation bearing in mind that it is a seasonal product. Barley is stored in refrigerated warehouses since it can easily go bad if left in normal warehouses. Packaging, blending and branding plays a crucial role in marketing a product. It not only attracts the customer to try out ones product but also protects the product from damage. Also, packaging assists in portraying information and direct ions about the product. Packaging again is used also to differentiate one brand from another (Blythe, 2006). Expansion to a product line This involves changing product into different forms to meet varied business opportunities and attract more customers. Barley can be used to produce different products thereby creating a product line. Barley has various uses some of them being nutritional as animal feeds and as an ingredient in making beer and alcoholic drinks. As a